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Biden-Harris Administration Announced USD 3.5 Billion Investment in America’s Electric Grid

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Biden-Harris Administration recently announced USD 3.46 billion funding for 58 projects across 44 states to strengthen electric grid resilience and reliability across America. The announcements of up to USD 3.46 billion represent a first round of selections under the broader USD 10.5 billion GRIP Program. Oct 18, 2023 Mr. Mitch......
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NKT Bags Electric Grid Upgradation Turnkey Project in Stockholm Under 4-Year Agreement with Ellevio

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NKT has won a turnkey project for electric grid upgradation by Sweden-based Ellevio. The project will be based in the Stadshagen district, Stockholm area, and will be the first project under NKT and Ellevio’s four-year agreement. The Stadshagen project is scheduled to be ready by June 2024. May 30, 2023......
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US Senators Passes USD 1 Trillion Infrastructure Bill That Would Support Power Grid Expansion

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The USD 1 Trillion Infrastructure Bill also includes USD 73 billion to modernize the nation’s power grid and provide support to tackle the climate crisis by making the largest investment in clean energy transmission and infrastructure. August 13, 2021 A bipartisan group of U.S. senators has passed a historic USD......
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